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Sirios Resources Announces Private Placements

Provided By GlobeNewswire

Last update: Nov 29, 2024

Not for distribution to United States newswire services or for dissemination in the United States

MONTREAL, Nov. 29, 2024 (GLOBE NEWSWIRE) -- SIRIOS RESOURCES SIRIOS INC. (TSX-V: SOI) (the "Corporation") announces its intention to complete a non-brokered private placement with investors relying on a prospectus exemption pursuant to Regulation 45-106 respecting Prospectus Exemptions for gross proceeds of up to $2,000,000 (the “Units Offering”). This Offering will consist of the issuance of a maximum of 40,000,000 units of the Corporation (the “Units”) at a price of 0.05$ per Unit. Each Unit will consist of one common share of the capital of the Corporation (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of $0.08 per Common Share for a period of twenty-four (24) months from the date of issuance.

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